deficit

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Related to Government deficit: budget deficit, Government debt

Deficit

An excess of liabilities over assets, of losses over profits, or of expenditure over income.

Deficit

A situation in which outflow of money exceeds inflow. That is, a deficit occurs when a government, company, or individual spends more than he/she/it receives in a given period of time, usually a year. One's deficit adds to one's debt, and, therefore, many analysts believe that deficits are unsustainable over the long-term. See also: Surplus.

deficit

1. A negative retained earnings balance. A deficit results when the accumulated losses and dividend payments of a business exceed its earnings.

deficit

see BUDGET DEFICIT, BALANCE OF PAYMENTS.
References in periodicals archive ?
We estimate a system that employs the standard NIPA nominal federal deficit measure as well as one that includes a cyclically adjusted federal government deficit series (provided by the Bureau of Economic Analysis based on mid-expansion GNP trend).
The Federal government deficit (national accounts basis) as a percentage of GNP.
We expect all of the large rated GCC economies, except Kuwait, to post general government deficits in 2015 and 2016," Trevor Cullinan, Director and sovereign analyst with Standard & Poor's told Gulf News.
BRUSSELS, July 23 (KUNA) -- In the first quarter of 2015, the general government deficit to GDP ratio stood at 2.
But as for deficit, Eurostat "is expressing a reservation on the quality of the data reported by Bulgaria in relation to the sector classification of the Deposit Insurance Fund and the impact of the government deficit of the fund's repayment of the guaranteed deposits (BGN 3.
After the cabinet meeting, the state secretary at the Ministry of Finance, Mateja Vranicar, said the Government s target for 2014 was the general government deficit of 4.
In 2013, the government deficit of both the Euro area (EA18) and the EU28 decreased in absolute terms compared with 2012, while the government debt rose in both zones.
In the eurozone, government deficit to GDP ratio decreased from 3.
According to the Central Treasury of the Ministry of Finance, the government deficit in 2012 amounted to 20.
The agency has revised up its forecast for this year's general government deficit to 4.
could head over the "fiscal cliff" if political leaders there fail to reach a budget deal to cut the government deficit before the end of the year.
Capital expenditure cost overruns (especially on the New Providence roads project) and continued sluggish growth in recurrent revenue pushed the government deficit to an estimated more than 7% of GDP";

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